Newsletter
Better Finances for a Better You
← 016 Neontra Newsletter Issue #015 014 →
Estimated reading time: 6 minutes
Did you know?
Canada stopped using the penny in 2013. A penny is worth so little that it was costing more than a cent to make each one! Today, when buying with cash, we round to the nearest five cents.
Follow every penny & dollar - Track and analyze your cash flow →Word of the week
Credit
Credit is money that you may borrow from someone (like a bank or credit card company). You must consent to repaying them on a predetermined timeline, typically with interest, by signing an agreement. The four basic types of credit: - Revolving credit - Charge credit - Instalment credit - Service credit Each serves a different purpose and works in a different way.
Learn more about credit and why credit scores are important →Budgeting
Finance thinkfluencers vs economists
It turns out that there's a large gulf between the advice given by the authors of popular finance books and academic economists.
Infographic of the week
Global Distribution of Money
The fact that China, Japan, the United States, Germany, the United Kingdom, France, and India are the nations with the greatest concentrations of this wealth is not surprising. Actually, the combined wealth of just seven nations makes up 69% of the global total.
Do you know your Net Worth? Start tracking it today →Saving
Rising interest rates brought pain for new homeowners - and opportunity for house hunters
Podcast: Stress Test by columnist Rob Carrick and editor Roma Luciw →Investing
3 common mistakes investors make — and how to avoid them
In our daily lives, we know it’s hard to break bad habits, like eating too much junk food. The same is true for investing. Just as understanding which foods are better for you, knowledge is power when it comes to your portfolio.
Nobody’s perfect, especially when it comes to investing →Serious Stuff
Grocery Rebate: How Much Will You Receive?
On July 5, 2023 some Canadians received a GST/HST credit for the grocery rebate.
- Canadians who qualified received anything from $234 to $628.
- Your family size and relationship status affected how much you were eligible to receive.
Fun stuff
"I'll be playing basketball with the President Dunking on his delegates Then I'll compliment him on his political etiquette Toss a couple milli in the air just for the heck of it"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.